Aldgate is a smaller suburb in South Australia within the Adelaide Hills local government area (postcode 5154). With a population of 3,471, the suburb has a mature demographic with a median age of 45. Households earn a median income of $133K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Aldgate is $1.4 million, having declined 7.7% over the past year. Units have a median price of $563,000 (-15.4% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,200.
Aldgate is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Adelaide Hills LGA is low at 1,671 incidents per 100,000 population.
From an investment perspective, Aldgate offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -7.7% year-on-year.
Aldgate is a smaller suburb in South Australia within the Adelaide Hills local government area (postcode 5154). With a population of 3,471, the suburb has a mature demographic with a median age of 45. Households earn a median income of $133K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Aldgate is $1.4 million, having declined 7.7% over the past year. Units have a median price of $563,000 (-15.4% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,200.
Aldgate is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Adelaide Hills LGA is low at 1,671 incidents per 100,000 population.
From an investment perspective, Aldgate offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -7.7% year-on-year.